2-50: Aetna Reduces Rates for Some Managed Choice Plans

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Sep 16, 2011

Further rate reductions for Aetna Small Group
Aetna has submitted an updated rate filing to the California Department of Insurance for Aetna Small Group customers enrolling or renewing in an Aetna Managed Choice®plan from October - December 2011.

This rate adjustment applies to three Aetna Managed Choice plans in rating areas 2, 3, and 4. It also applies to two Aetna Managed Choice plans in rating areas 1, 5, and 6. There are no changes to the HMO or Open Choice PPO® plans.

Due to the rate adjustment, the premium amounts reflected in your new business quote or renewal will be reduced for some of the Aetna Managed Choice plans. See below for the listing of the plans by rating area.

Aetna is currently updating the quoting and billing systems to reflect this adjustment:

Aetna will be mailing updated renewals for October and November groups to both Brokers and Employers by September 12, 2011. Only groups with enrollment in the impacted plans will be updated. December renewals will be released on schedule with updated rates.